It’s not hard to see why Wall Street is so thrilled. After four years and billions of dollars wasted, the metaverse — a ...

Meta plans to direct its investments to focus on wearables like its augmented reality glasses but does not plan to abandon ...

The strategic shift to the Metaverse was the reason why Facebook changed its name to Meta in 2011. Now, the company is ...

In recent years, you’ve likely heard about the so-called “metaverse,” along with a host of inaccurate descriptors like “it’ll be the next Internet” or “it will revolutionize eCommerce.” In truth, the ...

Mark Zuckerberg once pitched the Metaverse as the next era of the internet, a sweeping bet that reshaped Facebook into Meta ...

Meta pivots from costly metaverse projects to AI-powered glasses. Company redirects Reality Labs resources following reports ...

Meta's plan to cut back on metaverse spending is a sign that projects not helping tech companies' AI goals are falling out of ...

It appears Meta's Horizon Worlds may literally and figuratively not have legs after all.

New breakthroughs over the last few years in 3D graphics and AI have laid the foundation for the next computing platform: the metaverse. The metaverse is top of mind for consumers and enterprises ...

The metaverse isn’t virtual reality, experts say, it’s more about having an identity that moves between virtual and physical worlds. Credit: Terrell Clark for The Hechinger Report The Hechinger Report ...

Meta bet big on the metaverse a few years ago, but it hasn't paid off. Investors on Thursday cheered a report it could slash ...

Company executives say the virtual reality platform’s budget will be reduced by up to 30%, and these reductions may also ...